News #Iran

President Donald Trump said on Monday the United States was reinstating its blockade of Iranian shipping in the Gulf and would ensure the Strait of Hormuz stays open

The United States has revoked a sanctions waiver that authorized the sale of Iranian oil because of its repeated attacks on tankers in the Strait of Hormuz

OPEC+ has agreed to a further increase in output targets from August, the group said in a statement on Sunday, adding to global supply at a time when oil prices are falling

Iran’s top diplomat warned Sunday that any attempt to bypass the Strait of Hormuz routes agreed with the United States would “increase tensions” in the Middle East

Oman and Iran reaffirmed their commitment to the strait being a secure and open route for international navigation and to promoting maritime safety,

The United States said Monday it is temporarily lifting sanctions on Iran to allow the country to produce, sell and deliver crude oil and related products

At least 20 oil tankers have crossed the Strait of Hormuz since the U.S. and Iran began to reopen the sea lane to commercial ship traffic, according to the trade intelligence firm Kpler.

With the signing of the peace agreement and the reopening of key energy supply routes, analysts expect global energy markets to stabilize

The United States on Wednesday released the official text of the memorandum of understanding reached over the weekend with Iran.

The Strait of Hormuz will be “completely open” from Friday after a deal between Iran and the US to end the Middle East war that limited shipping in the critical bottleneck

Iran delivered a new proposal for peace talks with the US via mediator Pakistan, state media reported Friday, with negotiations between the two sides frozen despite a weeks-long ceasefire.

US Defense Secretary Pete Hegseth said on Friday that a US blockade on Iran is going global, adding Tehran had a chance to make a “good deal” with Washington.